James Famularo and Ravi Idnani of NYCRS leased a retail space at 151 Grand St. (aka 158 Lafayette) in SoHo. The lease totals 2,200 s/f and the asking rent was $125 per s/f. The landlord, Time Equities was represented by Scott Klatsky and Nadja Galloway and the tenant representatives were Famularo and Idnani. The incoming tenant is Flud Watches, who will be opening their first flagship store in New York City. This will be a fashion watch store. The deal was a ten-year lease. Flud Watches is planning on opening in November.
Hauppauge, NY NAI Long Island, an affiliate of NAI Global, has achieved 100% occupancy at two Suffolk County office properties, totaling 50,689 s/f. These exclusive landlord leasing assignments involved 207
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking